Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
Posted by: Peynus
Posting time: 4.9 years ago on
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Archived on: 2/12/2017 1:51:00 AM
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30 upvotes, 0 downvotes (100% upvoted it)
Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
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[–] billdred 0 points 1 point 1 point (+1|-0) ago
Stay out of stocks. Way to volatile. Go with something that has guaranteed return, like a MYGA. Some of them have 3% guaranteed returns. Liquidity is a little lower, but you can't lose any money.
[–] Peynus [S] ago (edited ago)
MYGA? What's that?
[–] PraiseIPU 0 points 1 point 1 point (+1|-0) ago
http://www.annuityratewatch.com/rates/myga-annuities.cfm
[–] billdred ago
Multi-Year Guaranteed Annuity. It's like a CD, but it's sold by insurance companies instead of the bank. Hence the higher return rates.